Trillium Glen Condominium

Key facts from Trillium Glen Condominium's documents

Reflects the 2005 governing documents — figures and rules are as originally recorded and may have changed since.

Community type

condominium (Article 1.2)

Units / lots

127 (Article 1.3)

Governing law

Michigan Condominium Act (Act 59, Public Acts of 1978, as amended) (Article 1.2)

Assessments & dues

Board establishes annual budget; assessment per Unit on equal basis; Board may increase via budget or levy additional assessments for needs up to $5,000 annually without owner vote (Exhibit A, Article 5.2(a)(b))

Special assessments

Special assessments for additions >$5,000 per year, or other purposes, require approval of 60% of all Co-owners (Exhibit A, Article 5.2(c))

Collections & liens

Unpaid assessments plus interest, fines, costs, attorney fees constitute a lien on the Unit, prior to all liens except tax liens and prior recorded mortgages. Enforcement by lawsuit or foreclosure per Act (Section 108). (Exhibit A, Article 5.5(a))

Reserves & fees

Maintain reserve fund for major repairs/replacements at minimum 10% of annual budget on noncumulative basis, established on or before Transitional Control Date (Exhibit A, Article 4.5)

Use restrictions

Yes. 'Project is a residential condominium' and use must not interfere with other Co-owners. (Article 1.3, Article 4.7)

Voting & meetings

One vote per Unit by number; one vote equal to Percentage of Value by value; no cumulation (Exhibit A, Article 2.2)

Amendments

Before any co-owner other than Developer: Developer may unilaterally amend. After: non-material changes by Developer or Association without consent; material changes require 2/3 of Co-owners and mortgagees (if required); certain modificatio (Article 9)

Extracted from the recorded governing documents and cited to them; may be incomplete and is not legal advice — verify against the official documents below.